Gold price drops by Rs 1,000 per tola on Wednesday

KATHMANDU: The price of gold in the domestic market dropped by Rs 1,000 per tola on Wednesday.

According to the Federation of Nepal Gold and Silver Association, the yellow metal is currently being traded at Rs 101,500 per tola today.

Earlier on Tuesday, it was traded at Rs 102,500 per tola.

Meanwhile, the price of Tejabi gold is being traded at Rs 101,000 per tola today.

Likewise, the price of silver has decreased by Rs 40 per tola and is currently being traded at Rs 1225 per tola today.